DCC has reached an agreement with Aurelius for the sale of Exertis IT (Info Tech businesses in UK and Ireland), subject to regulatory approval. This deal enables DCC Technology to focus on building its specialist businesses in Pro Tech and Life Tech.
Businesses in scope comprises Exertis UK | Business and Consumer, Hypertec, Exertis Supplies, Exertis Ireland, Macro EV, Exertis Supply Chain Services, MTR and Ztorm.
This deal enables DCC Technology to focus on building its specialist businesses in Pro Tech (Pro AV & infrastructure systems) and Life Tech (consumer).
This comprises the North American JAM and Almo businesses, Exertis Enterprise and Cloud in the UK, and specialist AV and infrastructure businesses in Europe with Connect, Azenn, Amacom, AV DACH, AV Italy, Exertis Nordics and AV Spain.
Clive Fitzharris, CEO of DCC Technology, (pictured above) commented: “Today's announcement represents an important step for DCC Technology as we sharpen our focus on Pro Tech and Life Tech. DCC Technology is the largest specialist professional AV distributor globally, serves numerous Pro Tech specialisms in North America and Europe, and has a complementary position in high-quality Life Tech products. Thank you to all our people and partners for your ongoing support as we continue to grow together and seize
the significant potential that progressive technology brings in enhancing experiences and for better lifestyles.”
Exertis IT forms part of DCC’s strategic review of its Technology division, as announced in November 2024. The JAM and Almo businesses in North America, Exertis Enterprise, and Exertis Nordics, amongst others in Europe, remain part of the DCC Technology group.
The transaction is expected to complete in the fourth quarter of this calendar year, subject to regulatory clearance and DCC remains firmly committed to supporting the Exertis IT businesses during this time, ensuring a successful transition to the new owner.